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Watchdog's acts regarding Megafon found invalid

17:44 16/02/2012

MOSCOW, February 16 - RAPSI. The Moscow Commercial Court has satisfied Megafon's lawsuit to invalidate the antimonopoly watchdogs decision that it broke competition law, the court told the Russian Legal Information Agency (RAPSI/rapsinews.com) on Thursday.

Earlier, the Federal Antimonopoly Service reported that Megafon had imposed unfavorable terms of cooperation on the Moscow City Telephone Network (MGTS) since May 2010 as part of a takeover contract. Particularly, the plaintiff unilaterally increased the tariffs for zone call completion services for Moscows entire network.

On October 22, 2010, the service found Megafon in violation of the competition law. The plaintiff was ordered to eliminate the violations within 30 days of the notification and amend the contract with MGTS.

Pursuant to a 2008 contract with Sonik Duo, Megafon's subsidiary, MGTS was obligated to pay Megafon for zone call completion services from 95 kopecks to 1.02 ruble per minute depending on traffic volumes.

MGTS did not agree with the plaintiffs proposal. According to the company, traffic increases deprive it of the opportunity to recover expenses linked with rendering zone transit call services.

The court believes that MGTS had the economic opportunity to use Megafon's services for the price of 1.02 rubles ($0.03), which did not result in any losses or expenses for MGTS.

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Watchdog's acts regarding Megafon found invalid

17:44 16/02/2012 The Moscow Commercial Court has satisfied Megafon's lawsuit to invalidate the antimonopoly watchdogs decision that it broke competition law.
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